XRP Price Drops – Will It Bounce Back?


XRP is currently trading at $2.18, down 4.63% in the past 24 hours. The market sentiment is bearish, with the Fear & Greed Index at 10 (Extreme Fear). Despite the drop, XRP remains one of the top cryptocurrencies, ranking #3 in Layer 1 blockchains and #1 among US-based crypto projects.

XRP Market Overview

  • Market Cap: $125.49B
  • 24h Trading Volume: $11.1B
  • All-Time High (ATH): $3.92 (Jan 2018)
  • Cycle Low: $0.1133 | Cycle High: $3.38
  • Circulating Supply: 57.56B XRP (5.44% yearly inflation)

What’s Next for XRP?

XRP has seen strong recoveries in the past, but the current market trend is uncertain.

📉 Bearish Case: If selling pressure continues, XRP may test support levels around $2.00 or $1.80.
📈 Bullish Case: If sentiment improves, XRP could rebound to $2.50–$2.80 or higher.

Final Thoughts

XRP’s long-term potential remains strong, but short-term volatility is high. 

Will it recover, or is a further drop coming? Share your thoughts in the comments!

Comments

Popular posts from this blog

Ethereum Heading Towards $4,000:

🚀 XRP Price Update – Is a Breakout Coming?

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal